BBGI Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending BBGI on January 27, 2025, netting in a 13.86% gain over 4 weeks

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+13.86% Gain from a Successful pattern Broadening Wedge Ascending

BBGI - Beasley Broadcast Group Inc

Ticker: BBGI

Company: Beasley Broadcast Group

Gain from shortening: +13.86%

Confirmed: 01/27/25

Succeeded: 01/29/25

Total length: 29 days

On December 31, 2024, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Beasley Broadcast Group Inc (BBGI, $9.42). 27 days later, on January 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On January 29, 2025, the stock hit the target price of $8.00 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

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A.I. Advisor

published General Information

General Information

a radio broadcasting company, which operates radio stations throughout the U.S.

Industry Broadcasting

Profile

Fundamentals

Details

Industry

Broadcasting

Address

3033 Riviera Drive

Phone

+1 239 263-5000

Employees

1127

Web

https://www.bbgi.com